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Franchising Could Be Job Growth Fuel

In real estate, the key factors are â€œlocation, location, location.â€ In discussions about the national, state and local economy, the focus now is â€œjobs, jobs, jobs.â€

As we look for ways to shift the recovery into higher gear, lawmakers, regulators and business leaders could take a closer look at an American business model that shows job-creation promise: franchising.

Franchising, including the indirect jobs it creates in its suppliers, currently accounts for roughly one in eight jobs in America. But this unique business model, as American as baseball and Baskin-Robbins, could lead to the creation of millions of new U.S. jobs in the next years — if we take steps to make sure it happens. More.